monthly update - nd pipeline authority€¦ · 12/05/2016 · monthly update march 2016 production...
TRANSCRIPT
Published: May 12, 2016
Justin J. Kringstad, Director
North Dakota Pipeline Authority
Office: 701.220.6227
www.northdakotapipelines.com
MONTHLY UPDATE
MARCH 2016 PRODUCTION & TRANSPORTATION
MONTHLY
UPDATE
MARCH 2016 PRODUCTION &
TRANSPORTATION
North Dakota Oil Production
Month Monthly Total, BBL Average, BOPD
Feb. 2016 - Final 32,453,679 1,119,092
Mar. 2016 - Prelim. 34,386,634 1,109,246
North Dakota Natural Gas Production
Month Monthly Total, MCF Average, MCFD
Feb. 2016 - Final 48,987,279 1,689,217
Mar. 2016 - Prelim. 53,002,954 1,709,773
Estimated Williston Basin Oil Transportation, Mar. 2016
CURRENT
DRILLING
ACTIVITY:
NORTH DAKOTA1
27 Rigs
EASTERN MONTANA2
0 Rigs
SOUTH DAKOTA2
0 Rigs
SOURCE (MAY 12, 2016):
1. ND Oil & Gas Division
2. Baker Hughes
PRICES:
Crude (WTI): $45.87
Crude (Brent): $47.04
NYMEX Gas: $2.14
SOURCE: BLOOMBERG (MAY 12, 2016)
GAS STATS*
90% CAPTURED & SOLD 7% FLARED DUE TO CHALLENGES OR CONSTRAINTS ON EXISTING GATHERING SYSTEMS 3% FLARED FROM WELL WITH ZERO SALES *MAR 2016 NON-CONF DATA
Estimated North Dakota Rail Export Volumes
Estimated Williston Basin Oil Transportation
Williston Basin Truck Imports and Exports with Canada
Data for truck imports/exports chart is provided by the US International Trade Commission
New Gas Sales Wells per Month
US Williston Basin Oil Production, BOPD
2015
MONTH ND EASTERN
MT* SD TOTAL
January 1,191,581 77,484 5,108 1,274,173
February 1,178,502 79,915 5,051 1,263,468
March 1,191,503 78,585 4,832 1,274,919
April 1,170,212 76,056 4,860 1,251,128
May 1,202,983 74,873 4,567 1,282,422
June 1,211,656 72,317 4,403 1,288,376
July 1,207,466 70,959 4,477 1,282,902
August 1,187,833 69,626 4,454 1,261,913
September 1,162,332 68,644 4,356 1,235,333
October 1,172,832 67,343 4,167 1,244,343
November 1,181,787 66,810 4,089 1,252,686
December 1,152,280 65,818 3,980 1,222,078
2016
MONTH ND EASTERN
MT* SD TOTAL
January 1,122,462 60,995 3,985 1,187,443
February 1,119,092 59,329 3,923 1,182,344
March 1,109,246
April
May
June
July
August
September
October
November
December
* Eastern Montana production composed of the following Counties: Carter, Daniels, Dawson, Fallon,
McCone, Powder River, Prairie, Richland, Roosevelt, Sheridan, Valley, Wibaux